Gold price in September 2004: daily prices, high, low and change
Gold closed September 2004 at $418.70 an ounce, up 2.02% on the month. The highest close was $418.70 on 30 Sep and the lowest $397.40 on 7 Sep. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, September 2004 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = August 2004 close ($410.40).
Daily gold prices in September 2004 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Wed 1 Sep | — | — | — | $408.80 | −$1.60 | −0.39% |
| Thu 2 Sep | — | — | — | $406.00 | −$2.80 | −0.68% |
| Fri 3 Sep worst day | — | — | — | $400.50 | −$5.50 | −1.35% |
| Tue 7 Sep | — | — | — | $397.40 | −$3.10 | −0.77% |
| Wed 8 Sep | — | — | — | $399.40 | +$2.00 | +0.50% |
| Thu 9 Sep | — | — | — | $398.50 | −$0.90 | −0.23% |
| Fri 10 Sep | $401.00 | $402.00 | $401.00 | $401.90 | +$3.40 | +0.85% |
| Mon 13 Sep | — | — | — | $404.10 | +$2.20 | +0.55% |
| Tue 14 Sep | — | — | — | $405.70 | +$1.60 | +0.40% |
| Wed 15 Sep | — | — | — | $405.00 | −$0.70 | −0.17% |
| Thu 16 Sep | — | — | — | $404.70 | −$0.30 | −0.07% |
| Fri 17 Sep | — | — | — | $405.80 | +$1.10 | +0.27% |
| Mon 20 Sep | — | — | — | $405.30 | −$0.50 | −0.12% |
| Tue 21 Sep | — | — | — | $408.30 | +$3.00 | +0.74% |
| Wed 22 Sep | — | — | — | $407.20 | −$1.10 | −0.27% |
| Thu 23 Sep | — | — | — | $410.90 | +$3.70 | +0.91% |
| Fri 24 Sep | — | — | — | $408.10 | −$2.80 | −0.68% |
| Mon 27 Sep | — | — | — | $409.10 | +$1.00 | +0.25% |
| Tue 28 Sep | — | — | — | $412.50 | +$3.40 | +0.83% |
| Wed 29 Sep | $412.00 | $414.00 | $411.60 | $413.00 | +$0.50 | +0.12% |
| Thu 30 Sep best day | $412.90 | $418.80 | $412.70 | $418.70 | +$5.70 | +1.38% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 18 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).
Monthly open, high, low and close
| September 2004 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $408.80 | $418.70 | $397.40 | $418.70 | +2.02% |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2004 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.
Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.
Gold in September 2004: summary
Gold rose 2.02% in September 2004, from $410.40 at the end of August 2004 to $418.70 an ounce. Settlement prices ranged from $397.40 on 7 September 2004 to $418.70 on 30 September 2004, a spread of $21.30 (5.2%), narrower than the 5.8% average of the previous 12 months. Gold closed higher on 11 of 21 trading days and lower on 10; the strongest session was 30 September 2004 (+1.38%) and the weakest 3 September 2004 (−1.35%).
How September 2004 compares
- Against other Septembers: at +2.02%, September 2004 ranks 12th of 27 Septembers since 2000 (best first).
- Against every month: it ranks 131st of 313 months since September 2000, better than 58% of them.
- Range: the gap between the highest and lowest close was $21.30, or 5.2% of the opening level, 0.9× the 5.8% average of the previous 12 months.
- Daily moves: the average day moved 0.55% (up or down), against 0.81% over the previous 12 months, so September 2004 was calmer than usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 4 days.
- Bigger picture: at the month-end close gold was +0.72% for 2004 to the end of September and +8.64% over 12 months (against the September 2003 close of $385.40).
- Average price: the mean of the 21 daily closes was $406.23; the World Bank's monthly average of the London (LBMA) price was $405.00.
Across the other 26 completed Septembers since 2000, gold averaged +0.36% and rose in 12 of them (46%). September 2004 beat that average by 1.7 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Septembers side by side.
September 2004 in today's dollars
Adjusted for US consumer-price inflation, the $418.70 closing price equals about $742 in September 2026 dollars (CPI 189.8 in September 2004 against 336.3 in September 2026, FRED series CPIAUCSL), 77% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.
Gold price by month in 2004
The gold price in 2004 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.
Frequently asked questions
What was the gold price in September 2004?
Gold closed September 2004 at $418.70 an ounce (COMEX settlement). It opened the month at $408.80 and averaged $406.23 across 21 trading days; the World Bank’s London average for the month was $405.00.
Did gold go up in September 2004?
Yes. Gold was up 2.02% in September 2004, from $410.40 at the end of August 2004 to $418.70. It closed higher on 11 of 21 days. Among Septembers since 2000 it ranks 12th of 27 (best first).
What was the highest gold price in September 2004?
The highest close was $418.70 on 30 September 2004.
What was the lowest gold price in September 2004?
The lowest close was $397.40 on 7 September 2004, $21.30 (5.2%) below the month’s highest close.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.